The Valuer-General is required to assess statutory values of all properties in Tasmania, including Crown land that is liable for rating. The three values assessed are
Capital Value and
Assessed Annual Value.
Generally a fresh valuation (revaluation) of a municipality is undertaken every 6 years, with supplementary valuations being undertaken during the 6 year period, whenever a major change occurs to some aspect of a property.
The values and other specific information is maintained in a Valuation Roll for each municipality.
Some key points are -
- All properties within a municipality are valued as at the same date. This is called the
Levels of Value Date. This date remains constant until the next revaluation in 6 years time. The
Levels of Value date is 1 July in the year of the revaluation.
Notices of Valuation are issued the following May and valuations become effective for rating and taxing purposes from the 1 July following issue of the valuations ie if the
Levels of Value date is 1 July 2018, the
Notices of Valuation will be issued in May 2019 and the effective date for rates and taxes is 1 July 2019.
- Owners of land can object to the issued values. For information about objecting to a fresh valuation see the Objecting to a Statutory Valuation page.
- The Valuer-General uses Contract Valuers to value the properties. The quality assurance of the values and oversight of the Contract Valuers is undertaken by the Office of the Valuer-General.
In between the 6 year cycle, the Valuer-General issues Supplementary Valuations whenever a major change occurs on a property ie a new garage or room is added, the land size changes. The key points are -
- Most Supplementary Valuations are requested by the relevant Council following lodgement of development applications.
- The valuations assessed by the Valuer are based on the Level of Values Date for the municipality. This means that the valuer determines what the value would have been, if the change was in place on the Levels of Value Date. This approach provides a consistent basis for rates and taxes across a municipality.
Notices of Valuation are issued following the Supplementary Valuation.
About the Fresh Valuation (Revaluation) cycle
The current revaluation schedule is a six-year cycle, with one-third of municipalities being revalued every two years. Valuations are effective from 1 July in the year of issue.
A high resolution PDF map showing the Revaluation Program is available below.
Municipal Revaluation Map (1.75 MB)
Owner's Guide - Fresh Valuations (Revaluations) (PDF) for an explanation of the revaluation process.
This table shows the date of the last revaluation for each council. Property owners can also review valuation details for their property via the LIST website at
|Break O'Day||1 July 2012||2013||2018/19|
|Brighton||1 July 2012||2013||2018/19|
|Burnie||1 July 2012||2013||2018/19|
|Central Coast||1 July 2012||2013||2018/19|
|Central Highlands||1 July 2014||2015||2020/21|
|Circular Head||1 July 2012||2013||2018/19|
|Clarence||1 July 2012||2013||2018/19|
|Derwent Valley||1 July 2016||2017||2022/23|
|Devonport||1 July 2014||2015||2020/21|
|Dorset||1 July 2016||2017||2022/23|
|Flinders||1 July 2016||2017||2022/23|
|George Town||1 July 2012||2013||2018/19|
|Glamorgan-Spring Bay||1 July 2016||2017||2022/23|
|Glenorchy||1 July 2016||2017||2022/23|
|Hobart||1 July 2014||2015||2020/21|
|Huon Valley||1 July 2014||2015||2020/21|
|Kentish||1 July 2014||2015||2020/21|
|Kingborough||1 July 2014||2015||2020/21|
|King Island||1 July 2016||2017||2022/23|
|Latrobe||1 July 2014||2015||2020/21|
|Launceston||1 July 2016||2017||2022/23|
|Meander Valley||1 July 2012||2013||2018/19|
|Northern Midlands||1 July 2012||2013||2018/19|
|Sorell||1 July 2016||2017||2022/23|
|Southern Midlands||1 July 2014||2015||2020/21|
|Tasman||1 July 2016||2017||2022/23|
|Waratah-Wynyard||1 July 2016||2017||2022/23|
|West Coast||1 July 2014||2015||2020/21|
|West Tamar||1 July 2012||2013||2018/19|
The list below shows the municipalities being revalued with a 'level of value' date as at 1 July 2016. Notices of Valuation were issued in May 2017. The objection period closed in August 2017.
Tenders close shortly for revaluations of Break O’Day, Brighton, Burnie, Central Coast, Circular Head, Clarence, George Town, Meander Valley, Northern Midlands and West Tamar.
Levels of Value Date will be 1 July 2018 and
Notices of Valuation will be issued in late May 2019. The valuations will become effective for rating and taxing purposes on 1 July 2019.